NETTOTIME: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
NETTOTIME
Largest movements
- Cash +€93,505
up €93,505 (+24.2%), from €386,905 to €480,410
mainly Net result for the year (+€122,036) and Other debts (+€24,000)
- Receivables within one year +€21,801
up €21,801 (+83.8%), from €26,019 to €47,820
of which Trade receivables: +€21,863
- Reserves +€98,000
up €98,000 (+30.9%), from €316,861 to €414,861
of which Distributable reserves: +€98,000
- Other debts +€24,000
up €24,000 (+2,857%), from €840 to €24,840
- Profit (loss) carried forward -€22,304
down €22,304 (-29.9%), from €74,479 to €52,176
- Tax, wage and social debts +€14,456
up €14,456 (+58.9%), from €24,563 to €39,019
of which Taxes: +€10,242
- Gross operating margin +€25,348
up €25,348 (+17.6%), from €143,867 to €169,215
- Taxes +€8,511
up €8,511 (+19.8%), from €43,035 to €51,546
- Financial income -€2,109
down €2,109 (-26.9%), from €7,837 to €5,728
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €435,638 | €550,321 | +€114,682 | +26.3% |
| Fixed assets | 21/28 | €22,714 | €22,090 | -€624 | -2.7% |
| Tangible fixed assets | 22/27 | €2,214 | €1,590 | -€624 | -28.2% |
| Land and buildings | 22 | €602 | €505 | -€97 | -16.1% |
| Furniture and vehicles | 24 | €1,612 | €1,085 | -€527 | -32.7% |
| Financial fixed assets | 28 | €20,500 | €20,500 | = | 0.0% |
| Current assets | 29/58 | €412,925 | €528,231 | +€115,306 | +27.9% |
| Amounts receivable within one year | 40/41 | €26,019 | €47,820 | +€21,801 | +83.8% |
| Trade receivables | 40 | €25,626 | €47,489 | +€21,863 | +85.3% |
| Other amounts receivable | 41 | €393 | €332 | -€62 | -15.7% |
| Cash at bank and in hand | 54/58 | €386,905 | €480,410 | +€93,505 | +24.2% |
| Total equity and liabilities | 10/49 | €435,638 | €550,321 | +€114,682 | +26.3% |
| Equity | 10/15 | €409,946 | €485,642 | +€75,696 | +18.5% |
| Contributions | 10/11 | €18,606 | €18,606 | = | 0.0% |
| Reserves | 13 | €316,861 | €414,861 | +€98,000 | +30.9% |
| Non-distributable reserves | 130/1 | €1,861 | €1,861 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,861 | €1,861 | = | 0.0% |
| Distributable reserves | 133 | €315,000 | €413,000 | +€98,000 | +31.1% |
| Profit (loss) carried forward | 14 | €74,479 | €52,176 | -€22,304 | -29.9% |
| Amounts payable | 17/49 | €25,692 | €64,678 | +€38,986 | +152% |
| Amounts payable within one year | 42/48 | €25,692 | €64,678 | +€38,986 | +152% |
| Trade debts | 44 | €290 | €819 | +€530 | +183% |
| Suppliers | 440/4 | €290 | €819 | +€530 | +183% |
| Taxes, remuneration and social security | 45 | €24,563 | €39,019 | +€14,456 | +58.9% |
| Taxes | 450/3 | €24,563 | €34,805 | +€10,242 | +41.7% |
| Remuneration and social security | 454/9 | - | €4,214 | +€4,214 | |
| Other amounts payable | 47/48 | €840 | €24,840 | +€24,000 | +2,857% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €592 | €624 | +€32 | +5.3% |
| Other operating charges | 640/8 | €451 | €694 | +€243 | +53.9% |
| Gross operating margin | 9900 | €143,867 | €169,215 | +€25,348 | +17.6% |
| Operating profit (loss) | 9901 | €142,824 | €167,897 | +€25,074 | +17.6% |
| Financial income | 75/76B | €7,837 | €5,728 | -€2,109 | -26.9% |
| Recurring financial income | 75 | €7,837 | €5,728 | -€2,109 | -26.9% |
| Financial charges | 65/66B | €39 | €43 | +€4 | +9.4% |
| Recurring financial charges | 65 | €39 | €43 | +€4 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | €150,621 | €173,582 | +€22,961 | +15.2% |
| Income taxes | 67/77 | €43,035 | €51,546 | +€8,511 | +19.8% |
| Profit (loss) for the period | 9904 | €107,586 | €122,036 | +€14,450 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €107,586 | €122,036 | +€14,450 | +13.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.